VG All Round: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
VG All Round
Largest movements
- Tangible fixed assets -€20,669
down €20,669 (-94.5%), from €21,884 to €1,214
of which Furniture and vehicles: -€20,292
- Deferred charges and accrued income +€4,053
new in 2025: €4,053
- Receivables within one year -€3,245
down €3,245 (-14.1%), from €23,017 to €19,772
of which Other amounts receivable: -€3,940
- Profit (loss) carried forward -€9,533
new in 2025: -€9,533
- Debts after one year -€5,182
down €5,182 (-36.2%), from €14,331 to €9,150
- Trade debts -€3,714
down €3,714 (-70.2%), from €5,292 to €1,578
- Current portion of long-term debt -€1,050
down €1,050 (-11.3%), from €9,265 to €8,214
- Gross operating margin -€18,454
down €18,454, from €14,514 to -€3,940
- Depreciation -€5,134
down €5,134 (-76.6%), from €6,701 to €1,567
- Taxes -€2,657
down €2,657 (-73.1%), from €3,633 to €976
- Financial charges -€351
down €351 (-17.5%), from €2,004 to €1,653
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,904 | €25,042 | -€19,863 | -44.2% |
| Fixed assets | 21/28 | €21,884 | €1,214 | -€20,669 | -94.5% |
| Tangible fixed assets | 22/27 | €21,884 | €1,214 | -€20,669 | -94.5% |
| Plant, machinery and equipment | 23 | €865 | €489 | -€377 | -43.5% |
| Furniture and vehicles | 24 | €21,018 | €726 | -€20,292 | -96.5% |
| Current assets | 29/58 | €23,021 | €23,827 | +€806 | +3.5% |
| Amounts receivable within one year | 40/41 | €23,017 | €19,772 | -€3,245 | -14.1% |
| Trade receivables | 40 | €5,599 | €6,295 | +€696 | +12.4% |
| Other amounts receivable | 41 | €17,417 | €13,477 | -€3,940 | -22.6% |
| Cash at bank and in hand | 54/58 | €4 | €3 | -€2 | -39.5% |
| Deferred charges and accrued income | 490/1 | - | €4,053 | +€4,053 | |
| Total equity and liabilities | 10/49 | €44,904 | €25,042 | -€19,863 | -44.2% |
| Equity | 10/15 | €8,805 | -€728 | -€9,533 | |
| Contributions | 10/11 | €1,700 | €1,700 | = | 0.0% |
| Reserves | 13 | €7,105 | €7,105 | = | 0.0% |
| Distributable reserves | 133 | €7,105 | €7,105 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€9,533 | -€9,533 | |
| Amounts payable | 17/49 | €36,099 | €25,770 | -€10,330 | -28.6% |
| Amounts payable after more than one year | 17 | €14,331 | €9,150 | -€5,182 | -36.2% |
| Financial debts | 170/4 | €14,331 | €9,150 | -€5,182 | -36.2% |
| Amounts payable within one year | 42/48 | €21,768 | €16,620 | -€5,148 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €9,265 | €8,214 | -€1,050 | -11.3% |
| Trade debts | 44 | €5,292 | €1,578 | -€3,714 | -70.2% |
| Suppliers | 440/4 | €5,292 | €1,578 | -€3,714 | -70.2% |
| Taxes, remuneration and social security | 45 | €7,211 | €6,828 | -€383 | -5.3% |
| Taxes | 450/3 | €7,211 | €6,828 | -€383 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,701 | €1,567 | -€5,134 | -76.6% |
| Other operating charges | 640/8 | €355 | €478 | +€122 | +34.4% |
| Non-recurring operating charges | 66A | - | €920 | +€920 | |
| Gross operating margin | 9900 | €14,514 | -€3,940 | -€18,454 | |
| Operating profit (loss) | 9901 | €7,457 | -€6,905 | -€14,362 | |
| Financial income | 75/76B | €111 | - | -€111 | |
| Recurring financial income | 75 | €111 | - | -€111 | |
| Financial charges | 65/66B | €2,004 | €1,653 | -€351 | -17.5% |
| Recurring financial charges | 65 | €2,004 | €1,653 | -€351 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €5,565 | -€8,558 | -€14,122 | |
| Income taxes | 67/77 | €3,633 | €976 | -€2,657 | -73.1% |
| Profit (loss) for the period | 9904 | €1,932 | -€9,533 | -€11,465 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,932 | -€9,533 | -€11,465 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.